Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget Rumble Thunder Estimated inventory (units), June 1 271 68 Desired inventory (units), June 30 312 59 Expected sales volume (units): Midwest Region 3,900 3,450 South Region 5,000 4,350 Unit sales price $185 $95 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Total Sales Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Feedback Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign b. Sonic Inc. Production Budget For the Month Ending June 30 Unite Rumble Unite Thunder Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Total Sales Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Feedback Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign b. Sonic Inc. Production Budget For the Month Ending June 30 Units Rumble Units Thunder Expected units to be sold Desired inventory, June 30 Total Estimated inventory, June 1 Total units to be produced Feedback